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Algar Telecom S.A. (Brazil)

Main Activities: Wired Telecommunications Carriers
Secondary Activities: Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers | Electronics and Appliance Stores | Household Appliance Stores | Cable and Other Subscription Programming | Wireless Telecommunications Carriers (except Satellite) | Other Telecommunications | Data Processing, Hosting, and Related Services | Internet Publishing and Broadcasting and Web Search Portals | Agencies, Brokerages, and Other Insurance Related Activities | Other Financial Vehicles | Other Commercial and Industrial Machinery and Equipment Rental and Leasing | Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) | Architectural, Engineering, and Related Services | Computer Systems Design and Related Services | Custom Computer Programming Services | All Other Professional, Scientific, and Technical Services | Other Support Services
Full name: Algar Telecom S.A. Profile Updated: November 08, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Portuguese Download a sample report

Algar Telecom S.A. is a telecommunications and IT company within the Algar Group. The company was established in 1954 and initially offered fixed-line telephony services in Minas Gerais. Today, Algar Telecom provides comprehensive ICT (Information and Communication Technology) solutions in sixteen states across Brazil, as well as the Federal District. Their offerings include high-speed internet, quality mobile services, voice services, IT and infrastructure outsourcing, and videos. Algar Telecom serves over 1.3 million customers in the states of Alagoas, Bahia, Ceará, Distrito Federal, Espírito Santo, Goiás, Mato Grosso do Sul, Minas Gerais, Paraíba, Paraná, Pernambuco, Rio de Janeiro, Rio Grande do Norte, Rio Grande do Sul, Santa Catarina, São Paulo, and Sergipe. The company's state-of-the-art telecommunications network spans over 110,000 kilometers and continues to grow through investments in technologies that ensure high-quality services. Algar Telecom is committed to maintaining this level of service quality for its customers.

Headquarters
Rua Jose Alves Garcia, 415, Brasil
Uberlandia; Minas Gerais; Postal Code: 38400668

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Website: http://www.algartelecom.com.br

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 15, 1954
Key Executives
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Chairman of the Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Subsidiaries
Consorcio Alsolar
Consorcio Stfc Bb Pe 2010/23286 9600
Image Telecom Tv Video Cabo Ltda.
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BRL. Absolute financial data is included in the purchased report.
Net sales revenue
2.85%
Total operating revenue
10.68%
Operating profit (EBIT)
-8.94%
EBITDA
3.05%
Net Profit (Loss) for the Period
-77.82%
Total assets
-0.28%
Total equity
-11.82%
Operating Profit Margin (ROS)
-1.5%
Net Profit Margin
-2.47%
Return on Equity (ROE)
-2.93%
Debt to Equity Ratio
55.99%
Quick Ratio
0.08%
Cash Ratio
0.23%

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